Today news
About the same in other media
Biden’s Budget Would Reshape His International Tax Plan to Match Global Deal
Reading now: 323
WASHINGTON—President Biden’s proposed 2023 budget changes a key piece of his international tax plan, moving away from a prior, harsher proposal and toward an evolving international standard for enforcing the global minimum-tax agreement.
The administration also responded—vaguely—to business complaints about how the proposed 15% global minimum tax could restrict U.S. tax breaks for corporate research, exports and low-income housing. Senior Treasury officials said they want to work with Congress to protect certain domestic incentives from U.S. and foreign minimum taxes.
Read more on wsj.comAbout this in other media
Ukraine economy to shrink by almost half this year, World Bank forecasts theguardian.com /2 years ago
Tax the rich: these one percenters want people like them to pay higher taxes theguardian.com /2 years ago
US Treasury Secretary Janet Yellen To Call For Better Regulation On Cryptocurrencies ndtv.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
